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Transaction value (million baht)
Related person/ Year ending as of Year ending as of Opinions of the audit
juristic person Relationship Transaction 31 Dec 2019 31 Dec 2020 Necessity and Rationale committee

2.3 Transaction about Non-performing asset’s As of 31 December 2020, the company • Such transaction was a normal
purchase – paid by the debt instrument issued a promissory note given to business transaction of the company
• Promissory notes Krungthai Bank Public Company Limited with conditions according to the
- Beginning 1,098.2 1,428.2 to pay for the non-performing asset’s agreement on non-performing asset
- Increase 399.2 1,199.7 purchase price. Such promissory note sale and purchase dated 09 October
- Decrease (69.2) (117.3) was subject to no interest payable per 2006 that the Company cosigned
- End 1,428.2 2,510.6 the agreement on non-performing with 18 financial institutions and
• Interest payable 29.6 60.6 asset sale and purchase dated 09 asset management companies, with
• Deferred interest expense 121.5 241.6 October 2006 that the Company signed the conditions as if it was made with
with 18 financial institutions and asset another financial institution under
the same agreement.
management companies. • The audit committee considered it
186 | Annual Report 2020 2.4 Transaction about deposits at the financial • The company had savings and • Such transaction was a normal business
and realized that such transaction
was suitable and reasonable.

institutions
current deposits with Krungthai
supporting transaction of the company
• Financial institution’s deposit
cash management
as if it had deposits with another
• Interest receivable 11.2 30.0 Bank Public Company Limited for with a general deposit interest rate
0.1
0.1
• Accrued interest receivable 0.0 0.0 unrelated financial institution.
• The audit committee considered it
and realized that such transaction
was suitable and reasonable.
2.5 Transaction About rental • The company partially leased the • Such transaction was a normal
• Rental revenue 0.1 0.1 area in front of the head office to business supporting transaction of
• Rental deposit 0.0 0.0 Krungthai Bank Public company the company, with rental rate and
Limited to install a cash deposit terms of payment as if it was made
machine according to the lease with a third party.
agreement dated 28 April 2017, and • The audit committee considered it
the renewed issue, dated 1 May 2020 and realized that such transaction
with 1-year term. was suitable and reasonable.
• The company partially leased the
area in front of the Yala Office to
Krungthai Bank Public Company
Limited to install a cash deposit
machine according to the lease
agreement, dated 28 December
2018, and the renewed issue, dated
04 December 2020, with 1-year term.